News
MSPO-certified palm oil for Japan
JASIN: Malaysian Sustainable Palm Oil (MSPO)-certified palm oil produced is capable of penetrating the Japanese market, especially in view of the upcoming 2020 Olympic Games in Tokyo, according to Deputy Primary Industries Minister Datuk Seri Shamsul Iskandar Mohd Akin. Japan, being a developed coun...
CPO prices to remain muted due to palm oil glut
KUALA LUMPUR: Crude palm oil (CPO) prices are expected to remain subdued in the coming months because of oversupply, competitive pricing from Indonesia, and projections of higher production in the second half of 2019 (2H19), according to analysts. In a note yesterday, MIDF Research analyst Martin Fo...
Malaysian palm stocks at end-June fall to 11-month low — MPOB
KUALA LUMPUR (July 10): Palm oil inventories in Malaysia fell to their lowest in 11 months at the end of June, the fourth month of declines, as imports and production outpaced exports, according to industry regulator data on Wednesday. Benchmark palm oil prices fell 8% in the firs...
Malaysia end-June palm oil stocks fall to 2.42m tonnes
KUALA LUMPUR: Malaysia’s palm oil stockpiles at the end of June eased 0.97% from the previous month to 2.42 million tonnes, industry regulator the Malaysian Palm Oil Board (MPOB) said on Wednesday. Output in June in the world’s second largest palm producer fell 9.2% month-on-month to 1.5...
Palm oil stocks to hit more than 3m tonnes this year
MALAYSIA’S palm oil inventory is expected to hit a surplus of three million tonnes this year as production continues to outpace demands from the global and domestic markets, further denting the rise of Malaysia main commodity export. CIMB Investment Bank Bhd regional head of agribusiness research Iv...
Govt’s ‘Love My Palm Oil’ programme should be compulsory at all schools
KUALA LUMPUR: National Association of Smallholders Malaysia (NASH) wants the government’s “Love My Palm Oil” programme to be a compulsory feature at all schools. In a statement today, NASH president Datuk Aliasak Ambia proposes that both Ministry of Primary Industries and the Ministry of Educa...
